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Ashish Ghosh is a NCFM certified research analyst for the global and Indian financial markets. With more than 15 years of experience in the capital market, Ashish has been published in high-profile online media regularly. He holds a B.Sc. in Math along with NCFM certification for Technical and Fundamental analysis. Presently, he is working with iForex as a financial analyst/content writer since 2017, analyzing mainly the global and Indian markets. You can reach him through Gmail/telegram ID: asisjpg

Thursday, 19 May 2016

Motherson Sumi: 305-315-325 Zone Big Hurdle Despite Better Than Expected Q4FY16 Result

Trading Idea: Motherson Sumi

CMP: 276

Either sell below 280-290 or on rise around 305-315-325;

TGT: 267-257*-245-237*-229-223-211-205* (1-3/6M)

TSL> 330

Note: Consecutive closing (3 days) above 330 for any reason, MS can further rally up to 345-355* -366 & 385-396-405 in the near to long term (alternative bullish case scenario).


Q4FY16 Result summary to be updated----


Analytical Charts:










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